Wilfredo

Wilfredo’s a very responsible, honest, hardworking man. His wife and five children live with him in south Honduras. His income is what he earns working for a local shrimp processing plant. Wilfredo needs the loan to buy cement, metal sheeting, sand and bricks to build a bathroom and install a water storage tank. With the loan he hopes to have more comfort and continue improving his family’s quality of life. In the future he’d like to be able to do home improvements to continue supporting his family and giving a better life and that his children complete their schooling and have better opportunities.

Additional Information

Prisma Honduras, S.A.

This loan is administered by Prisma Honduras. Prisma is one of Kiva's first field partners in Central America and has funded over 2,500 entrepreneurs through Kiva since 2008. Prisma funds smaller than average loans for micro-entrepreneurs to help them grow businesses in urban and rural areas. To improve living conditions in Honduras, the organization strives to empower women who lack access to traditional financial services, and promotes solar panels to deliver clean, affordable electricity to rural areas. Through its four branches in southern and central Honduras, Prisma provides access to financial products to some of the poorest and most isolated communities in the country.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.